
Oil Prices Dip as China Inflation Weakens, Trade War Escalates
Apr 11, 2025 11:18 am UTC| Economy
Oil prices declined in Asian trading Thursday following weak inflation data from China and rising tensions in the U.S.-China trade war. Brent crude futures for June delivery fell 1.1% to $64.79 per barrel, while West Texas...

Mitsubishi Veteran Kazuyuki Masu Nominated to Bank of Japan Board Amid Policy Shift
Apr 11, 2025 11:18 am UTC| Politics Economy
The Japanese government has nominated Kazuyuki Masu, former CFO of Mitsubishi Corp, to join the Bank of Japans (BOJ) nine-member policy board. If approved by parliament, Masu will begin his five-year term on July 1,...

Markets Flock to Safe Havens as Trump Escalates Tariffs on China
Apr 11, 2025 11:18 am UTC| Economy
Traders shifted into safe haven currencies like the yen and Swiss franc while dumping the Australian dollar, as U.S. President Donald Trump unexpectedly intensified tariffs on China. Despite a temporary 90-day pause on...

U.S. Recession Odds Drop as Trump Delays Tariff Plan
Apr 11, 2025 11:18 am UTC| Economy
U.S. recession fears eased on Thursday after President Donald Trump announced a 90-day delay in imposing steep trade tariffs, leading to a sharp decline in betting market odds. On Polymarket, a blockchain-based prediction...

Gold Nears All-Time High Amid Soaring US-China Trade Tensions
Apr 11, 2025 11:18 am UTC| Economy
Gold prices surged in Asian trading on Thursday, approaching record levels as escalating trade tensions between the U.S. and China boosted demand for safe-haven assets. Spot gold rose 1.6% to $3,123.58 per ounce by 02:05...

U.S. Futures Drop as U.S.-China Trade War Escalates Despite Tariff Delay
Apr 11, 2025 11:17 am UTC| Economy
U.S. stock index futures declined Thursday evening after Wall Streets sharp selloff, driven by rising tensions in the U.S.-China trade war. While President Donald Trump postponed global tariffs by 90 days, investor...

Gold Hits All-Time High Amid US-China Trade Tensions and Tariff Uncertainty
Apr 11, 2025 11:17 am UTC| Economy
Gold prices soared to a record high Thursday as escalating US-China trade tensions fueled strong safe-haven demand. Spot Gold rose 2.83% to $3,170.27 per ounce, while Gold Futures for June delivery jumped 3.54% to...